Ethereum (ETH)

Ethereum fees are recovering from the devastation caused by the DeFi. After reaching record highs during September 2020, the network seems to have achieved a calm moment during October’s first days.Currently, the average transaction fee is slightly above $2, according to Bitinfocharts. This milestone represents a drop of more than 80% from the peak reached on September 2, 2020.Average Ethereum Transaction Fee. Source: BitinfochartsAfter spiking to record levels, the network returned to...

Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....

BitcoinOver the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October.Unfortunately, Bitcoin failed to break resistance at a falling trend line, and it rolled over yesterday to drop back into the support at a long-term rising trend line. These two trend lines...

In general terms, Ethereum had a month of losses in September with two downward waves and bleak prospects of a recovery in the near term.Ether Loses Half of Its Summer GainsThe only day when Ether registered substantial growth before the falling began was 1st September when it jumped 9.75% on the day, with the peak at $488. But the gains were short-lived. In the next four days, ETH/USD dropped from $479 to $308 on 5th September, having only climbed to $359.5 at the end of the month.The sharp...

It pays to be a miner and process cryptocurrency transactions on a proof-of-work blockchain. The Ethereum miners know this especially well as they made a record $166 million last month from transaction fees. Bitcoin miners, however, could barely manage to scoop up $26 million.Ethereum Miners Made 6X More Money Than Bitcoin Miners in SeptData from on-chain insights provider Glassnode shows that miners operating on the second most popular blockchain platform made a hefty $166 million from...

The world’s largest sovereign hedge fund, the Norwegian Government Pension Fund, is reported to add more Bitcoin into its investment holdings. It has garnered indirect BTC exposure of 577.6 BTC via the Nasdaq-listed company MicroStrategy.Grayscale Trust has become a force that can not be ignored in the crypto asset market.On September 21, BTC fell from $10,988 to US$10,417. Two days later, Grayscale took a “sweep” and bought 17,100 BTC. This significant increase in holdings seems to have...

Ethereum hat weiterhin Probleme mit seinem ambitionierten Projekt ETH 2.0 – der Starttermin ist wieder in Gefahr. Eine Schwachstelle scheint der Node-Client Prysm zu sein, der durchschnittlich etwa 60% des Netzwerks nutzt. Dieser war bereits im August im Testnet abgestürzt und könnte weiterhin Probleme für Ethereum 2.0 bedeuten.Ethereum News: Ethereum 2.0 Launch in GefahrZuletzt crashte Prysm Mittte August. Das Testnet 2.0 stürzte ab und es wurde veröffentlicht, dass zu diesem Zeitpunkt 73,5...

Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar.LTC price is now trading above $46.20 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $45.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the key $47.30 resistance zone in the near term.Litecoin price is currently showing positive signs above $45.00...

Unlike Medalla which is a representative of how the proof-of-stake consensus could work out for Ethereum blockchain, Spadina would initiate the creation of the genesis chain for the migrated network.The quest for the transition to Ethereum 2.0 suffered a setback as developers were unable to successfully launch the Spadina testnet, which is supposed to be a prelude to that gives programmers the insight on how the ETH 2.0 chain would pan out.According to Danny Ryan, a lead developer in the...

Cross Finance wants to build a one-stop platform where users can yield-farm & swap on not just one but many blockchains on which DeFi dapps are hyperactive.The Decentralized Finance alias DeFi has experienced an astronomical growth in the first year of launch. Notably, Defi projects that run on the Binance ecosystem are poised to explode further since the Binance chain offers a more scalable network than what is offered in the Ethereum network.DeFi Ecosystem in Different BlockchainsThe...